KUALA LUMPUR, MALAYSIA, Jul 22 (MARKET WIRE) —
Cisco (NASDAQ: CSCO) and CIMB Group, a leading financial institution in
Malaysia, today announced the deployment of Cisco TelePresence(TM) suites
across the CIMB Group’s offices in Malaysia, Thailand, Indonesia and
Singapore. CIMB Group is the first financial services provider in
Malaysia to harness the power of video and virtual meetings and aims to
transform the organisation by facilitating effective collaboration
internally across their geographically disparate locations.
Cisco TelePresence powers a new way of working, where everyone,
everywhere, can be more productive through virtual meetings that take
place in multiple offices around the region at the same time. Using
high-definition video and spatial audio to create the experience of
face-to-face collaboration, Cisco TelePresence creates a unique
experience where participants feel as though they’re sitting in the same
“Cisco TelePresence has definitely helped us connect faster to our
associates in the region, shorten decision making processes and
effectively respond to business opportunities in real-time. The
technology has provided us with flexible meeting options, and helped us
save operational cost and time as it reduces the need to travel. The
deciding factor for us to deploy Cisco TelePresence was how much more
powerful Cisco TelePresence is versus video-conferencing in simulating
in-person meetings. The experience for participants’ conferencing via
Cisco TelePresence across different countries parallels, and in some
ways, even surpasses sitting around the same table. In terms of adoption,
our staff embraced Cisco TelePresence to the extent that facilities have
to be booked well in advance and are often used late after office hours,”
said Iswaraan Suppiah, head of information and operations, CIMB Group.
The Cisco TelePresence experience offers today’s innovative organizations
a competitive advantage by unlocking the barriers to collaboration with a
high-quality experience, simple user interface, and operating models that
meet an organisation’s requirements.
“To thrive in today’s economy, you have to collaborate with colleagues,
partners and customers around the globe at a moment’s notice. At the same
time, you want to conduct your business in a way that enhances the
quality of your relationships. Cisco is excited to partner with CIMB
Group to help the organization bring together business teams and reach
out to customers. As the market leader of video collaboration technology,
we have the expertise to help CIMB Group identify new opportunities,
enhance business operations, and accelerate CIMB Group’s transformation,
using the network as a platform, into a financial services provider of
the future,” said Anne Abraham, managing director for Cisco Malaysia.
Using CIMB Group’s existing network, complemented by the user-friendly
and intuitive in-room controls of Cisco’s TelePresence solution, the
Group can now set up virtual meetings quickly and effortlessly through
their e-mail calendar function. Users can also record and share
high-quality meeting videos for playback.
CSC Malaysia, a Cisco Gold Certified Partner, installed the five Cisco
TelePresence suites for associate meetings and training sessions,
including one for business meetings with up to six participants per room,
as well as personal meeting suites across CIMB Group’s offices in
Malaysia, Thailand, Indonesia and Singapore. With Cisco TelePresence,
CIMB Group expects to save significantly over the next two to three years
through reduced business travel across the region.
Using Cisco TelePresence, CIMB Group can explore the following benefits:
– Accelerated Decision Making: The talents, resources and decision
makers across geographic regions and organizational areas can be
brought together to synchronize and commit on business objectives and
– Innovation Across the Value Chain: Employees can communicate more
effectively with partners and customers to transform business
processes and enjoy new levels of innovation and customer
– Scaled Resources: No matter where people are, organizations can tap
into their resources to full advantage through Cisco TelePresence.
– Integration With Other Collaboration Applications: Video, unified
communications solutions, and Web 2.0 technologies such as Cisco
WebEx(TM) meeting applications can be combined flexibly to provide a
transparent experience as remote participants work face to face.
“We believe that CIMB Group has made an excellent business decision
to increase its efficiencies through this TelePresence solution. CSC is
pleased to have the opportunity to work with the Group and is committed
to enabling the Group to achieve its business imperatives through the
successful delivery of innovative business solutions. The experience we
gained from this exercise puts us in a strong position to enable greater
adoption of advanced technologies like TelePresence among companies in
Malaysia,” said Dennis Koh, managing director, CSC Malaysia Sdn Bhd.
About CIMB Group
CIMB Group is Malaysia’s second largest financial
services provider and one of Southeast Asia’s leading universal banking
groups. It offers consumer banking, investment banking, Islamic banking,
asset management and insurance products and services. Headquartered in
Kuala Lumpur, its key operations are located in Malaysia, Singapore,
Indonesia and Thailand. The Group also has presence in Brunei, Myanmar
and Vietnam. Beyond ASEAN, the Group has offices in Hong Kong, Bahrain,
London and New York, as well as a 19.99% stake in Bank of Yingkou, China.
CIMB Group operates its business through three main brand entities, CIMB
Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the
majority shareholder of Bank CIMB Niaga in Indonesia, and the single
largest shareholder of CIMB Thai in Thailand.
CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad
(formerly known as Bumiputra-Commerce Holdings Bhd). It has a market
capitalisation of approximately RM49.4 billion as at 30 June 2010. The
Group has over 36,000 employees located in 11 countries.
CSC is a global leader in providing technology-enabled
solutions and services through three primary lines of business. These
include Business Solutions & Services, the Managed Services Sector and
the North American Public Sector. CSC’s advanced capabilities include
system design and integration, information technology and business
process outsourcing, applications software development, Web and
application hosting, mission support and management consulting. The
company has been recognized as a leader in the industry, including being
named by FORTUNE Magazine as one of the World’s Most Admired Companies
for Information Technology Services (2010). Headquartered in Falls
Church, VA., CSC has approximately 94,000 employees and reported revenue
of $16.1 billion for the 12 months ended April 2, 2010. For more
information, visit the company’s Web site at www.csc.com.
Cisco (NASDAQ: CSCO), the worldwide leader in networking
that transforms how people connect, communicate and collaborate, this
year celebrates 25 years of technology innovation, operational excellence
and corporate social responsibility. Information about Cisco can be found
at http://www.cisco.com. For ongoing news, please go to
http://newsroom.cisco.com. Cisco products are supplied in Malaysia by
Cisco Systems International, BV, a wholly owned subsidiary of Cisco
Cisco, the Cisco logo, Cisco Systems, Cisco TelePresence and Cisco WebEx
are registered trademarks or trademarks of Cisco Systems, Inc. and/or its
affiliates in the United States and certain other countries. All other
trademarks mentioned in this document are the property of their
respective owners. The use of the word partner does not imply a
partnership relationship between Cisco and any other company. This
document is Cisco Public Information.
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Effendy Shahul Hamid
(603) 7663 7878
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